Minister of Transport Kamel El Wazir inspected on Monday the experimental operation of the Tahya Masr Multipurpose Terminal at Alexandria Sea Port Berths 55/62.
The construction of the terminal came in line with the political leadership’s directives to develop all Egyptian ports.
The terminal is expected to play a vital role in transforming Alexandria Port into a regional and global hub for trade and logistics. With a capacity for over two million tons of goods a year, the terminal is expected to boost the port’s annual revenues by $50 million, shorten waiting times for ships docking at it, create investment opportunities, and provide 4,500 direct and indirect job opportunities.
Moreover, the terminal will play a vital role in Egypt’s modern transport sector, as a key linking chain in the upcoming $4.45 billion high-speed electric rail line, which will connect the Red Sea Port of Ain Sokhna to the Mediterranean Ports of Alexandria and Marsa Matrouh.
The terminal will also be a transit point for cargo and containers destined to the dry port in the 6th of October Industrial City as well as the logistics center associated with the Alexandria Port.
Source: State Information Service Egypt